Click on the link below to see what caught out attention last week.
We look at Club S&P and who’s coming and who’s going. We find out that when it comes to unemployment, it’s better to be over 55 than under 25. There are stupid comments from our Secretary of State on stupidity and a nice comparison with JFK. We take a quick look at gold and update the Aussie dollar slide.
Enjoy.
Click on the link below to see what caught out attention last week.
We continue our discussion on gold, with some interesting charts. And then, because we can’t help ourselves, we have another dig at Bartender Ben Bernanke. Such an easy target. We’ll miss him. Pity that his policies will result in so many more Americans ending up in the poor house.
Enjoy.
Click on the link below to see what caught out attention at Craven Capital last week.
We take a look at what we think may be an epic transition of ownership of one of the world’s great real assets…gold!
Enjoy.
Click on the link below to see what caught out attention at Craven Capital last week.
We take a look at why the developed world seems to be moving from bank bailout to bank bail in…and why it may not be good for savers. We also look at some good news and learn that 3-D printers can make more than just guns. And there is nifty chart that may be telling us to “look out below”. Enjoy.
Click on the link below to see what caught out attention at Craven Capital last week.
We take a look at what Cyprus and Canada have in common, central bankers lying (who would have thought), French bonds, some good news on potential LNG exports and shrinking rates around the world.
Click on the link below to see what caught out attention at Craven Capital last week.
There were dirty rotten scoundrels in DC, twits tweeting in NYC, gold rush in China and some comments from a very wise and wealthy man. Enjoy!
A Peek At The Week That Was – May 4, 1913
Click above for our market and related economic commentary on the week just passed.
A Peek At The Week – April 27, 2013
Click above for our market and related economic commentary on the week just passed
Click above for our market and related economic commentary on the week just passed
It’s a beautiful Manhattan day and Inventive Ben is back at the mike again this coming evening, selling his stuff. He’ll be telling whoever will listen that all is going to plan and that the average American is feeling richer and more confident. How?
Well, because of the “wealth effect” of course.
But therein lies the problem…it’s an “effect”…not a “cause”.
Savings over time creates capital. Capital invested over time creates jobs. Jobs ultimately create savings which in turn creates more capital which when invested creates real wealth.
But if you can’t create jobs because of faulty policy (the emperor has no clothes) then all you can do is print money to create the paper wealth effect instead.
It’s simple, easy and it works….until it doesn’t!
